NTPC Limited has announced the results of its auction for 1,200 MW of inter-state transmission system-connected wind-solar hybrid power projects (Hybrid 02), with an additional greenshoe option of up to 600 MW.
JSP Green (Jindal Renewables) secured 350 MW at a tariff of Rs 3.38 per kWh. Adyant Enersol (Datta Infra), Green Prairie Energy IV (EverGreen Power), and AMPIN Energy Utility were awarded 150 MW, 200 MW, and 150 MW, respectively, at a tariff of Rs 3.44 per kWh. Adani Renewable Energy Holding Twelve (Adani Green) won 350 MW at Rs 3.44 per kWh under the bucket-filling method. The tender, floated in August 2024, stipulated a minimum project size of 50 MW with increments in multiples of 10 MW thereafter. The maximum capacity allotted to a single bidder was capped at 600 MW, excluding the greenshoe option.